Announcement • Jun 30
Shanghai Fortune Techgroup Co., Ltd. to Report First Half, 2026 Results on Aug 27, 2026 Shanghai Fortune Techgroup Co., Ltd. announced that they will report first half, 2026 results on Aug 27, 2026 Announcement • May 30
Shanghai Fortune Techgroup Co., Ltd. Approves Dividend for the Year 2025 Shanghai Fortune Techgroup Co., Ltd. announced at the AGM held on May 26, 2026, approved Cash dividend/10 shares (tax included): CNY0.20000000 for 2025. Reported Earnings • Apr 28
Full year 2025 earnings released: EPS: CN¥0.11 (vs CN¥0.07 in FY 2024) Full year 2025 results: EPS: CN¥0.11 (up from CN¥0.07 in FY 2024). Revenue: CN¥2.89b (up 11% from FY 2024). Net income: CN¥55.2m (up 52% from FY 2024). Profit margin: 1.9% (up from 1.4% in FY 2024). Over the last 3 years on average, earnings per share has fallen by 1% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings. Announcement • Apr 28
Shanghai Fortune Techgroup Co., Ltd., Annual General Meeting, May 26, 2026 Shanghai Fortune Techgroup Co., Ltd., Annual General Meeting, May 26, 2026, at 14:00 China Standard Time. Location: No. 1288, Linyin New Road, Songjiang District, Shanghai China New Risk • Apr 13
New major risk - Revenue and earnings growth Earnings have declined by 6.6% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. Announcement • Mar 31
Shanghai Fortune Techgroup Co., Ltd. to Report Q1, 2026 Results on Apr 28, 2026 Shanghai Fortune Techgroup Co., Ltd. announced that they will report Q1, 2026 results on Apr 28, 2026 Announcement • Dec 31
Shanghai Fortune Techgroup Co., Ltd. to Report Fiscal Year 2025 Results on Apr 28, 2026 Shanghai Fortune Techgroup Co., Ltd. announced that they will report fiscal year 2025 results on Apr 28, 2026 New Risk • Dec 18
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Reported Earnings • Oct 28
Third quarter 2025 earnings released: EPS: CN¥0.03 (vs CN¥0.02 in 3Q 2024) Third quarter 2025 results: EPS: CN¥0.03 (up from CN¥0.02 in 3Q 2024). Revenue: CN¥788.5m (up 4.3% from 3Q 2024). Net income: CN¥16.1m (up 37% from 3Q 2024). Profit margin: 2.0% (up from 1.6% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 27% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 47% per year, which means it is well ahead of earnings. Announcement • Sep 30
Shanghai Fortune Techgroup Co., Ltd. to Report Q3, 2025 Results on Oct 28, 2025 Shanghai Fortune Techgroup Co., Ltd. announced that they will report Q3, 2025 results on Oct 28, 2025 Declared Dividend • Sep 15
First half dividend of CN¥0.015 announced Shareholders will receive a dividend of CN¥0.015. Ex-date: 17th September 2025 Payment date: 17th September 2025 Dividend yield will be 0.2%, which is lower than the industry average of 1.7%. Payout Ratios Payout ratio: 44%. Cash payout ratio: 30%. Announcement • Jul 02
Shanghai Fortune Techgroup Co., Ltd. to Report First Half, 2025 Results on Aug 29, 2025 Shanghai Fortune Techgroup Co., Ltd. announced that they will report first half, 2025 results on Aug 29, 2025 Board Change • Jul 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 5 experienced directors. 3 highly experienced directors. Independent Director Yujia Zhang was the last director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. New Risk • Jun 09
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company. Announcement • May 27
Shanghai Fortune Techgroup Co., Ltd. Approves Cash Dividend for 2024 Shanghai Fortune Techgroup Co., Ltd. at its AGM held on May 23, 2025 approved Cash dividend per 10 shares (tax included) of CNY 0.20000000 for 2024. Reported Earnings • May 02
First quarter 2025 earnings released: EPS: CN¥0.03 (vs CN¥0.02 in 1Q 2024) First quarter 2025 results: EPS: CN¥0.03 (up from CN¥0.02 in 1Q 2024). Revenue: CN¥585.8m (up 6.0% from 1Q 2024). Net income: CN¥12.7m (up 4.4% from 1Q 2024). Profit margin: 2.2% (in line with 1Q 2024). Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 24% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 50% per year, which means it is well ahead of earnings. Announcement • Apr 28
Shanghai Fortune Techgroup Co., Ltd., Annual General Meeting, May 23, 2025 Shanghai Fortune Techgroup Co., Ltd., Annual General Meeting, May 23, 2025, at 14:00 China Standard Time. Location: No. 610, Lane 900, Sanxin North Road, Songjiang District, Shanghai China Announcement • Mar 31
Shanghai Fortune Techgroup Co., Ltd. to Report Q1, 2025 Results on Apr 28, 2025 Shanghai Fortune Techgroup Co., Ltd. announced that they will report Q1, 2025 results on Apr 28, 2025 Announcement • Dec 31
Shanghai Fortune Techgroup Co., Ltd. to Report Fiscal Year 2024 Results on Apr 28, 2025 Shanghai Fortune Techgroup Co., Ltd. announced that they will report fiscal year 2024 results on Apr 28, 2025 Reported Earnings • Oct 25
Third quarter 2024 earnings released: EPS: CN¥0.02 (vs CN¥0.02 in 3Q 2023) Third quarter 2024 results: EPS: CN¥0.02 (in line with 3Q 2023). Revenue: CN¥755.7m (up 25% from 3Q 2023). Net income: CN¥11.8m (up 5.1% from 3Q 2023). Profit margin: 1.6% (down from 1.9% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 23% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 33% per year, which means it is well ahead of earnings. Announcement • Sep 30
Shanghai Fortune Techgroup Co., Ltd. to Report Q3, 2024 Results on Oct 30, 2024 Shanghai Fortune Techgroup Co., Ltd. announced that they will report Q3, 2024 results on Oct 30, 2024 New Risk • Sep 26
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Chinese stocks, typically moving 8.4% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company. Announcement • Sep 12
Shanghai Fortune Techgroup Co., Ltd. Announces Interim Cash Dividend of the Year 2024 of A Shares, Payable on 20 September 2024 Shanghai Fortune Techgroup Co., Ltd. announced interim cash dividend/10 shares (tax included) of CNY 0.10000000 for year 2024 of A shares. Record date is 19 September 2024. Ex-date is 20 September 2024. Payment date is 20 September 2024. Announcement • Aug 31
Shanghai Fortune Techgroup Co., Ltd. Announces Interim Cash Dividend Proposal for the First Half of 2024 Shanghai Fortune Techgroup Co., Ltd. announced interim profit distribution proposal for the first half of 2024 as: Cash dividend/10 shares (tax included) of CNY 0.10000000. Reported Earnings • Aug 30
Second quarter 2024 earnings released: EPS: CN¥0.033 (vs CN¥0.02 in 2Q 2023) Second quarter 2024 results: EPS: CN¥0.033 (up from CN¥0.02 in 2Q 2023). Revenue: CN¥613.8m (up 16% from 2Q 2023). Net income: CN¥13.2m (up 1.9% from 2Q 2023). Profit margin: 2.1% (down from 2.4% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Announcement • Jul 25
Shanghai Fortune Techgroup Co., Ltd. Announces Final Cash Dividend on A Shares for the Year 2023, Payable on 01 August 2024 Shanghai Fortune Techgroup Co., Ltd. announced final cash dividend of CNY 0.35 per 10 shares on A shares (tax included) for the year 2023. Record date: 31 July 2024, Ex-date: 01 August 2024 and Payment date: 01 August 2024. New Risk • Jul 22
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Announcement • Jun 29
Shanghai Fortune Techgroup Co., Ltd. to Report First Half, 2024 Results on Aug 30, 2024 Shanghai Fortune Techgroup Co., Ltd. announced that they will report first half, 2024 results on Aug 30, 2024 Announcement • Jun 13
Shanghai Fortune Techgroup Co., Ltd. Approves Cash Dividend for 2023 Shanghai Fortune Techgroup Co., Ltd. approved cash dividend for 2023 . The detailed profit distribution plan is as follows: Cash dividend per 10 shares (tax included): CNY0.35000000. New Risk • May 08
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 1.6% Last year net profit margin: 2.6% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (11% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.6% net profit margin). Announcement • Apr 30
Shanghai Fortune Techgroup Co., Ltd., Annual General Meeting, Jun 07, 2024 Shanghai Fortune Techgroup Co., Ltd., Annual General Meeting, Jun 07, 2024, at 14:00 China Standard Time. Location: No. 610, Lane 900, Sanxin North Road, Songjiang District, Shanghai China Reported Earnings • Apr 29
Full year 2023 earnings: EPS and revenues miss analyst expectations Full year 2023 results: EPS: CN¥0.07 (down from CN¥0.11 in FY 2022). Revenue: CN¥2.16b (up 2.8% from FY 2022). Net income: CN¥35.6m (down 34% from FY 2022). Profit margin: 1.6% (down from 2.6% in FY 2022). Revenue missed analyst estimates by 2.7%. Earnings per share (EPS) also missed analyst estimates by 22%. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 23% growth forecast for the Semiconductor industry in China. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Apr 16
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥5.79, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 31x in the Semiconductor industry in China. Total loss to shareholders of 7.7% over the past three years. Announcement • Mar 30
Shanghai Fortune Techgroup Co., Ltd. to Report Q1, 2024 Results on Apr 29, 2024 Shanghai Fortune Techgroup Co., Ltd. announced that they will report Q1, 2024 results on Apr 29, 2024 New Risk • Feb 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Chinese stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (7.0% average weekly change). Profit margins are more than 30% lower than last year (1.9% net profit margin). Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to CN¥5.91, the stock trades at a forward P/E ratio of 33x. Average forward P/E is 25x in the Semiconductor industry in China. Total returns to shareholders of 3.3% over the past three years. Announcement • Dec 29
Shanghai Fortune Techgroup Co., Ltd. to Report Fiscal Year 2023 Results on Apr 29, 2024 Shanghai Fortune Techgroup Co., Ltd. announced that they will report fiscal year 2023 results on Apr 29, 2024 Announcement • Sep 30
Shanghai Fortune Techgroup Co., Ltd. to Report Q3, 2023 Results on Oct 30, 2023 Shanghai Fortune Techgroup Co., Ltd. announced that they will report Q3, 2023 results on Oct 30, 2023 New Risk • Aug 10
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.0% Last year net profit margin: 2.9% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (6.8% average weekly change). Profit margins are more than 30% lower than last year (2.0% net profit margin). Announcement • Jul 01
Shanghai Fortune Techgroup Co., Ltd. to Report First Half, 2023 Results on Aug 10, 2023 Shanghai Fortune Techgroup Co., Ltd. announced that they will report first half, 2023 results on Aug 10, 2023 Announcement • Jun 09
Shanghai Fortune Techgroup Co., Ltd. Announces Final Cash Dividend on A Shares for the Year 2022, Payable on June 16, 2023 Shanghai Fortune Techgroup Co., Ltd. announced final cash dividend of CNY 0.35 per 10 shares on A shares for the year 2022. Record date is June 15, 2023, Ex-Date is June 16, 2023 and Payment Date is June 16, 2023. Announcement • May 23
Shanghai Fortune Techgroup Co., Ltd. Approves Cash Dividend for the Year 2022 Shanghai Fortune Techgroup Co., Ltd. at the AGM, the shareholders approved Cash dividend/10 shares (tax included): CNY 0.35000000 for the year 2022. Board Change • Nov 16
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Yujia Zhang was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 27
Third quarter 2022 earnings released: EPS: CN¥0.027 (vs CN¥0.032 in 3Q 2021) Third quarter 2022 results: EPS: CN¥0.027 (down from CN¥0.032 in 3Q 2021). Revenue: CN¥552.6m (up 15% from 3Q 2021). Net income: CN¥13.6m (down 19% from 3Q 2021). Profit margin: 2.5% (down from 3.5% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 21
Second quarter 2022 earnings released: EPS: CN¥0.039 (vs CN¥0.045 in 2Q 2021) Second quarter 2022 results: EPS: CN¥0.039. Revenue: CN¥586.9m (up 24% from 2Q 2021). Net income: CN¥20.8m (up 24% from 2Q 2021). Profit margin: 3.5% (in line with 2Q 2021). Announcement • Aug 11
Shanghai Fortune Techgroup Co., Ltd. Announces Cash Dividend on A Shares for 2021, Payable on August 18, 2022 Shanghai Fortune Techgroup Co., Ltd. announced Cash dividend (tax included) of CNY 0.35000000 per 10 shares on A shares for 2021. Record date: 17 August 2022, Ex-date: 18 August 2022 and Payable on August 18, 2022. Board Change • Aug 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Yujia Zhang was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Board Change • Jul 07
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Yujia Zhang was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Announcement • Jun 07
Shanghai Fortune Techgroup Co., Ltd., Annual General Meeting, Jun 24, 2022 Shanghai Fortune Techgroup Co., Ltd., Annual General Meeting, Jun 24, 2022, at 14:00 China Standard Time. Agenda: To consider 2021 annual report and its summary;to consider 2021 work report of the board of directors;to consider 2021 work report of the supervisory committee;to consider 2021 annual accounts;to consider 2021 profit distribution plan;to consider Special report on the deposit and use of raised funds in 2021;to consider 2021 internal control self-evaluation report;to consider 2021 audited report;to consider Reappointment of 2022 audit firm;to consider Application for comprehensive credit line to banks;to consider Provision of guarantee for wholly-owned subsidiaries and wholly-owned sub-subsidiaries;to consider Full authorization to the board to handle matters regarding the share offering to specific parties via simplified procedure;to consider Change of the Company's registered capital and amendments to the Company's articles of association;to consider election of Zhang Yujia as an independent director;and to consider other matters. Announcement • Apr 28
Shanghai Fortune Techgroup Co., Ltd. Proposes Final Cash Dividend for the Year 2021 Shanghai Fortune Techgroup Co., Ltd. proposed final Cash dividend/10 shares (tax included) of CNY 0.35000000 for the year 2021. Reported Earnings • Apr 27
First quarter 2022 earnings released: EPS: CN¥0.03 (vs CN¥0.02 in 1Q 2021) First quarter 2022 results: EPS: CN¥0.03 (up from CN¥0.02 in 1Q 2021). Revenue: CN¥423.5m (up 12% from 1Q 2021). Net income: CN¥13.0m (up 14% from 1Q 2021). Profit margin: 3.1% (up from 3.0% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Apr 13
Investor sentiment deteriorated over the past week After last week's 16% share price decline to CN¥6.67, the stock trades at a trailing P/E ratio of 55.4x. Average trailing P/E is 55x in the Semiconductor industry in China. Total loss to shareholders of 17% over the past three years. Reported Earnings • Oct 31
Third quarter 2021 earnings released: EPS CN¥0.032 (vs CN¥0.029 in 3Q 2020) The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: CN¥479.4m (up 22% from 3Q 2020). Net income: CN¥16.8m (up 22% from 3Q 2020). Profit margin: 3.5% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has increased by 40% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Sep 13
Investor sentiment deteriorated over the past week After last week's 17% share price decline to CN¥7.74, the stock trades at a trailing P/E ratio of 71.7x. Average trailing P/E is 76x in the Semiconductor industry in China. Total returns to shareholders of 35% over the past three years. Reported Earnings • Aug 03
Second quarter 2021 earnings released: EPS CN¥0.045 (vs CN¥0.043 in 2Q 2020) The company reported a solid second quarter result with improved earnings and revenues, although profit margins were weaker. Second quarter 2021 results: Revenue: CN¥474.8m (up 56% from 2Q 2020). Net income: CN¥16.8m (up 46% from 2Q 2020). Profit margin: 3.5% (down from 3.8% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Announcement • May 21
Shanghai Fortune Techgroup Co., Ltd. Approves Dividend for the Year 2020 Shanghai Fortune Techgroup Co., Ltd.at its Annual General Meeting of 2020 on 18 May 2021 approved the cash dividend/10 shares (tax included) of CNY 0.30000000. Reported Earnings • Apr 25
Full year 2020 earnings released: EPS CN¥0.09 (vs CN¥0.06 in FY 2019) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2020 results: Revenue: CN¥1.39b (down 4.4% from FY 2019). Net income: CN¥45.0m (up 53% from FY 2019). Profit margin: 3.2% (up from 2.0% in FY 2019). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Announcement • Mar 09
Shanghai Fortune Techgroup Co., Ltd. to Report Fiscal Year 2020 Results on Apr 23, 2021 Shanghai Fortune Techgroup Co., Ltd. announced that they will report fiscal year 2020 results on Apr 23, 2021 Is New 90 Day High Low • Jan 29
New 90-day low: CN¥6.40 The company is down 34% from its price of CN¥9.63 on 30 October 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 18% over the same period. Is New 90 Day High Low • Jan 13
New 90-day low: CN¥6.44 The company is down 28% from its price of CN¥8.90 on 15 October 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 13% over the same period. Is New 90 Day High Low • Dec 28
New 90-day low: CN¥7.25 The company is down 15% from its price of CN¥8.51 on 29 September 2020. The Chinese market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 15% over the same period. Is New 90 Day High Low • Dec 10
New 90-day low: CN¥8.27 The company is down 5.0% from its price of CN¥8.75 on 11 September 2020. The Chinese market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 12% over the same period. Announcement • Nov 12
Shanghai Fortune Techgroup Co., Ltd. announced that it expects to receive CNY 140 million in funding Shanghai Fortune Techgroup Co., Ltd. (SZSE:300493) announced a private placement of not more than 19,000,000 A shares for gross proceeds of not more than CNY 140,000,000 on November 10, 2020. The transaction has been approved in the 17th meeting of the company's 3rd directorate, and is subject to the approvals of the shareholders meeting, the Shenzhen stock exchange, and the China securities regulatory commission. The securities to be issued in the transaction will be subject to a six months hold period. The transaction will include participation from not more than 35 investors. Reported Earnings • Oct 20
Third quarter earnings released Over the last 12 months the company has reported total profits of CN¥34.8m, up 218% from the prior year. Total revenue was CN¥1.34b over the last 12 months, down 8.3% from the prior year. Is New 90 Day High Low • Sep 25
New 90-day low: CN¥8.62 The company is down 3.0% from its price of CN¥8.92 on 24 June 2020. The Chinese market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Semiconductor industry, which is up 5.0% over the same period. Announcement • Aug 13
Shanghai Fortune Techgroup Co., Ltd. to Report First Half, 2020 Results on Aug 28, 2020 Shanghai Fortune Techgroup Co., Ltd. announced that they will report first half, 2020 results on Aug 28, 2020 
